Las Vegas Sands (LVS) EBT (2009 - 2026)
Las Vegas Sands' (LVS) quarterly EBT came in at $748.0 million in Q1 2026, up 58.81% year-on-year from $471.0 million in Q1 2025, and up 35.75% quarter-over-quarter from $551.0 million in Q4 2025.
Las Vegas Sands (LVS) EBT (2009 - 2026) Analysis & Trends
Las Vegas Sands' EBT history runs 18 years deep, the most recent figure standing at $748.0 million for Q1 2026.
- On a quarterly basis, EBT rose 58.81% year-over-year to $748.0 million in Q1 2026; TTM through Mar 2026 was $2.5 billion, a 35.99% increase from a year earlier, with the FY2025 full-year figure at $2.2 billion, up 12.91% from the prior year.
- EBT grew to $748.0 million in Q1 2026 per LVS's latest filing, from $551.0 million in the prior quarter.
- Across five years, EBT topped out at $748.0 million in Q1 2026 and bottomed at -$476.0 million in Q1 2022.
- The 5-year median for EBT is $471.0 million (2025), against an average of $312.3 million.
- Across the five-year window, EBT sank 78.95% in 2022 and soared 306.27% in 2023, its largest moves.
- Year by year, EBT stood at -$287.0 million in 2022, then surged by 306.27% to $592.0 million in 2023, then declined by 22.13% to $461.0 million in 2024, then climbed by 19.52% to $551.0 million in 2025, then surged by 35.75% to $748.0 million in 2026.
- Per Business Quant, the three latest LVS EBT figures stand at $748.0 million (Q1 2026), $551.0 million (Q4 2025), and $582.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 30.75 Bn | 27.42 Bn | 3.49 Bn | 748.00 Mn |
| 2 | MGM Resorts International | 11.68 Bn | 9.38 Bn | 4.32 Bn | 202.25 Mn |
| 3 | Wynn Resorts | 9.99 Bn | 9.89 Bn | 1.75 Bn | 160.67 Mn |
| 4 | Boyd Gaming | 6.73 Bn | 6.36 Bn | 984.15 Mn | 137.01 Mn |
| 5 | Melco Resorts & Entertainment | 6.48 Bn | 5.85 Bn | - | 78.00 Mn |
| 6 | Caesars Entertainment | 6.11 Bn | 5.15 Bn | 2.78 Bn | -71.00 Mn |
| 7 | Vail Resorts | 5.23 Bn | 5.21 Bn | - | 445.85 Mn |
| 8 | Hilton Grand Vacations | 4.01 Bn | 3.75 Bn | 1.23 Bn | 74.00 Mn |
| 9 | Red Rock Resorts | 3.72 Bn | 3.12 Bn | 433.13 Mn | 95.85 Mn |
| 10 | Studio City International Holdings | 3.53 Bn | 3.45 Bn | 155.38 Mn | 6.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 748.00 Mn |
| Dec 31, 2025 | 551.00 Mn |
| Sep 30, 2025 | 582.00 Mn |
| Jun 30, 2025 | 609.00 Mn |
| Mar 31, 2025 | 471.00 Mn |
| Dec 31, 2024 | 461.00 Mn |
| Sep 30, 2024 | 403.00 Mn |
| Jun 30, 2024 | 496.00 Mn |
| Mar 31, 2024 | 600.00 Mn |
| Dec 31, 2023 | 592.00 Mn |
| Sep 30, 2023 | 571.00 Mn |
| Jun 30, 2023 | 417.00 Mn |
| Mar 31, 2023 | 195.00 Mn |
| Dec 31, 2022 | -287.00 Mn |
| Sep 30, 2022 | -320.00 Mn |
| Jun 30, 2022 | -304.00 Mn |
| Mar 31, 2022 | -476.00 Mn |
| Dec 31, 2021 | -301.00 Mn |
| Sep 30, 2021 | -621.00 Mn |
| Jun 30, 2021 | -286.00 Mn |